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    254 Perkins St Oakland, CA 94610

    For Sale
    $899,888

    Charming multi-unit in desirable Adams Point neighborhood, Oakland.

    Lot size:
    0.13 Acres

    Property Features for 254 Perkins St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1915

    Source: Coldwell Banker Realty Agent David Newton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adams Point Multi-Unit Investment

    This multi-unit property, constructed in 1915, is located in the Adams Point neighborhood. The building contains a mix of hardwood flooring and carpeting. The property includes a newer roof that is 5 years old, and copper piping. The building features a studio and a 1-bedroom unit on the main level, with two additional 1-bedroom/1-bath units upstairs. All units are equipped with a refrigerator and stove. A shared laundry room in the basement includes a washer and dryer for tenant use. Parking is available for all tenants, with additional street parking. The property is located near Lake Merritt, shopping, dining, and offers easy freeway access. Two units are vacant, presenting an investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.254974
    Latitude
    37.814476

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    FAQs

    What type of property is this?
    Apartment building - Charming multi-unit in desirable Adams Point neighborhood, Oakland.
    Where is this apartment building located?
    The property is located at 254 Perkins St Oakland, CA.
    What is the asking price?
    The asking price for this property is $899,888.
    What are key features of this property?
    This property features: - Prime Adams Point location near Lake Merritt, shopping, dining, and freeway access.; - Two vacant units offer immediate rental income potential.; - Newer roof (5 years old) and copper piping provide peace of mind and reduced maintenance.
    (510) 689-9886
    Request Owner's contact information
    254 Perkins St Oakland, CA 94610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    254 Perkins St Oakland, CA 94610
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